Doing some more research on IO future price projections and I found a UBS 2010 report which states most predictions are the IO price will drop 30-50 percent in the medium term. Prices as low as 60 are quoted although UBS suggests 75 may be the floor due to cost constraints
Perhaps this is the reason MgX SP has been so weak despite the strong numbers - I was wondering whether anyone could point me to a more recent report on io assumptions
medium term io price assumptions
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Last
43.3¢ |
Change
-0.008(1.70%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.0¢ | $269.2K | 619.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1135203 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 147421 | 41 |
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| Last trade - 13.52pm 10/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |